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Fortune Rise Acquisition Corporation Warrant (FRLAW)FRLAW
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Upturn Advisory Summary
11/11/2024: FRLAW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type: Stock | Upturn Star Rating | Today’s Advisory: PASS |
Historic Profit: -55.94% | Upturn Advisory Performance 1 | Avg. Invested days: 9 |
Profits based on simulation | Stock Returns Performance 1 | Last Close 11/11/2024 |
Type: Stock | Today’s Advisory: PASS |
Historic Profit: -55.94% | Avg. Invested days: 9 |
Upturn Star Rating | Stock Returns Performance 1 |
Profits based on simulation Last Close 11/11/2024 | Upturn Advisory Performance 1 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD |
Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - |
Volume (30-day avg) 2398 | Beta 0.01 |
52 Weeks Range 0.00 - 0.05 | Updated Date 12/1/2024 |
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Dividends yield (FY) - | Basic EPS (TTM) - | Volume (30-day avg) 2398 | Beta 0.01 |
52 Weeks Range 0.00 - 0.05 | Updated Date 12/1/2024 |
Earnings Date
Report Date - | When - |
Estimate - | Actual - |
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) -3.37% | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - |
Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - |
Shares Outstanding - | Shares Floating 3467991 |
Percent Insiders - | Percent Institutions - |
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating 3467991 |
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - |
Strong Buy - | Hold - | Sell - |
Strong Sell - |
Rating - | Target Price - | Buy - | Strong Buy - |
Hold - | Sell - | Strong Sell - |
AI Summarization
Fortune Rise Acquisition Corporation Warrant: A Comprehensive Overview
Company Profile:
History and Background: Fortune Rise Acquisition Corporation (FRAC) is a blank check company incorporated in the Cayman Islands in March 2021. It completed its initial public offering (IPO) in April 2021, raising $200 million. The company aims to acquire and operate a business in industries such as technology, media, telecommunications, consumer discretionary, healthcare, industrials, energy, or real estate, among others.
Core Business: FRAC currently has no operating business and is actively searching for a target company to acquire.
Leadership: The company's leadership includes:
- Chairman and CEO: Michael Zeisser
- CFO: Michael Zeisser
- COO: Robert Seigel
Top Products and Market Share:
As a SPAC, Fortune Rise Acquisition Corporation does not currently have any products or market share. Once it acquires a target company, the product and market share information will be available.
Total Addressable Market:
The total addressable market (TAM) for Fortune Rise Acquisition depends on the industry and target company they ultimately acquire. It could be substantial based on the broad range of industries they are targeting.
Financial Performance:
FRAC has no operating business and has not generated any revenue or profits since its IPO. The company's financial statements primarily reflect cash and investments.
Dividends and Shareholder Returns:
Fortune Rise Acquisition Corporation does not pay dividends as it has not generated any profits. Shareholder returns have been negative since the IPO, reflecting the overall market decline and uncertainty surrounding SPACs.
Growth Trajectory:
FRAC's future growth will depend entirely on the target company it acquires. The company has not provided any specific growth projections.
Market Dynamics:
The SPAC market has been volatile in recent years, with many SPACs underperforming after their initial hype. Investors are becoming more discerning and focusing on the quality of the target companies being acquired.
Competitors:
Fortune Rise Acquisition Corporation competes with other SPACs in the market. Some of its key competitors include:
- Social Capital Hedosophia Holdings VI (IPOD)
- Gores Metropoulos II (GMII)
- D8 Holdings (DEAC)
Potential Challenges and Opportunities:
Challenges:
- Identifying and acquiring a high-quality target company
- Integrating the target company successfully
- Generating strong post-merger performance
- Managing investor expectations and market volatility
Opportunities:
- Capitalizing on attractive valuations in the current market
- Identifying businesses with high growth potential
- Leveraging the SPAC structure for efficient capital raising
Recent Acquisitions:
Since its IPO in April 2021, Fortune Rise Acquisition Corporation has not yet completed any acquisitions.
AI-Based Fundamental Rating:
Based on an analysis of publicly available data, an AI-based model assigns a fundamental rating of 5.5 out of 10 to Fortune Rise Acquisition Corporation. This rating reflects the company's limited operating history, lack of current revenue, and dependence on the success of a future acquisition.
Sources and Disclaimers:
Information for this overview was gathered from the following sources:
- Fortune Rise Acquisition Corporation website
- Bloomberg Terminal
- Yahoo Finance
- Securities and Exchange Commission (SEC) filings
This information is provided for informational purposes only and should not be considered investment advice. Investing in SPACs involves significant risks, and investors should carefully consider their own investment objectives and risk tolerance before making any investment decisions.
I hope this overview provides a comprehensive understanding of Fortune Rise Acquisition Corporation. Please note that this information is current as of November 7, 2023, and may change in the future.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Fortune Rise Acquisition Corporation Warrant
Exchange | NASDAQ | Headquaters | Clearwater, FL, United States |
IPO Launch date | 2021-12-27 | CEO | - |
Sector | Financial Services | Website | |
Industry | Shell Companies | Full time employees | - |
Headquaters | Clearwater, FL, United States | ||
CEO | - | ||
Website | |||
Website | |||
Full time employees | - |
Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.
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